Recent Posts

Verizon: The sleeping wireless giant

Verizon Communications Inc. is the wireless industry’s sleepi- ng giant. Suddenly, its smal-ler rivals — AT&T, T-Mobile, Sprint and Dish Network —are giving it every reason to wake up. Shares of Verizon have been a snooze this year, as AT&T steps up the competition and the drama around T-Mobile’s merger with Sprint continues to dominate the news. Verizon said it ...

Read More »

The next bailout may come from consumers

With markets focussed on rate cuts from the Federal Reserve and what sorts of policy levers might be used in a downturn, we got good news this week in learning that Americans’ personal saving rate is higher than previously thought. Should we enter an economic downturn in the near future, households will have room to spend more and save less, ...

Read More »

Relocating federal jobs is anything but efficient

The Donald Trump administration is planning to move hundreds of federal jobs away from Washington. In principle, this idea could make sense — so long as it’s competently executed and done for the right reasons. In practice, the plan seems likely to fail both tests. As currently designed, the proposed relocations promise to yield meager, if any, savings to taxpayers. ...

Read More »
Send this to a friend